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The South Korean won rose as much as 1.4% to 1,307.1 per dollar, while the yen gained as expectations grew that the Bank of Japan would end negative rates. The dollar index slipped about 0.1% to 103.56 ahead of a US jobs report.
Currency moves in Asian importers change the local-currency cost of dollar-priced feed ingredients, and a stronger won slightly lowers those costs for Korean buyers.
brecorder.comReutersDec 8, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
